Douglas H. Paal
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CrossTalk: World Without West
As the world pivots to Asia, China has its own plans for this vast region.
Source: Russia Today
As the world pivots to Asia, China has its own plans for this vast region and the world. Not satisfied with the options of either assimilating itself to the West or facing confrontation, Beijing is creating its own global system. CrossTalking with Douglas Paal, Daniel Wagner, and Richard Weitz about the Asian Development Bank, the Asian Infrastructure Investment Bank, Bretton Woods institutions, and the future of global governance.
About the Author
Distinguished Fellow, Asia Program
Paal previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.
- America’s Future in a Dynamic AsiaPaper
- U.S.-China Relations at the Forty-Year MarkQ&A
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Douglas H. Paal, Tong Zhao, Chen Qi, …
Recent Work
Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie India
- Threading the Needle: India’s Path Forward with ChinaPaper
After the chill in ties between 2020 and 2024 that brought India–China relations to their lowest point in several decades, the two countries have engaged each other afresh. This paper argues that there are predominantly four imperatives guiding India’s approach to China, and they exist in an order of priority.
Saheb Singh Chadha
- Managing Divergence: India’s BRICS Presidency in 2026Article
This piece argues that India’s central challenge is not managing a single flashpoint but resolving the underlying tension between expansion and institutional coherency of the BRICS grouping.
Vrinda Sahai
- India–Africa Strategic Partnership: Challenges, Potential, and Possible PathwaysArticle
A partnership between India, a country of subcontinental size, and Africa, a continent of fifty-four countries, may seem asymmetric until one notes that both are home to nearly the same number of people—1.4 billion. This essay spells out the existing challenges to the partnership, its optimal potential, and the possible pathways to realize it over the next quarter-century.
Rajiv Bhatia
- Emerging From the “Zombie State” of Trade Agreements: The India-EU FTACommentary
The India–EU Free Trade Agreement (FTA) is shaping up to be one of the most consequential trade negotiations, both economically and strategically. But, what’s in the agreement, what’s missing, and what will determine its success in the years ahead
Vrinda Sahai, Nicolas Köhler-Suzuki
- India’s Press Note 3 Gamble: Opening the FDI Door to ChinaArticle
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari